- Announces collaboration with World Trade Centers Association and Energy Efficiency Services Ltdto facilitate commercial and sustainable growth in Tier 2 & 3 cities
Varanasi. The
Confederation of Real Estate Developers’ Associations of India, (CREDAI),
organized its 5th Edition of the New India Summit, led by the CREDAI MSME
Committee. The summit served as a pivotal platform to discuss, deliberate, and highlight
the issues connected with these regions, forming definitive conclusions, and
preparing a roadmap to address the challenges. The summit also marked the beginning
of the developer’s body 25th anniversary in 2024. While committing
to align themselves to promote small and medium scale developers, the
association also announced a slew of socio-economic initiatives at the summit
held at the city of temples, Varanasi.
Shri Ravindra
Jaiswal, Hon’ble Minister of State (Independent Charge) for Stamp and Court
Fee, Registration, honored the event as the chief guest. Additionally, the summit
was distinguished by the presence of Shri Ashok Tiwari, Mayor of Varanasi,
Mr. Nitin Gokarn, IAS, Additional Chief Secretary of Housing & Urban
Development, Govt. of UP, and Shri Pulkit Garg, IAS, Vice Chairman of
Varanasi Development Authority.
At the summit,
CREDAI signed a Memorandum of Understanding(MoU) with World Trade Centers
Association (WTCA)in a step towards promoting tradeand ensuring world class
commercial properties are developed in India focusing on Tier 2and Tier 3
cities. CREDAI also signed an MoU with Energy Efficiency Services Limited (EESL)to
pursue and promote energy efficiency in line with the Hon’ble PM’s vision. These
collaborations will help economic growth in Tier 2 and Tier 3 cities, while
also supporting faster and further energy efficiency improvement in India
through experience and knowledge sharing.
Additionally,
to foster social and economic development across the nation, CREDAI has announced
5 strategic scalable initiatives that will build on some of CREDAI’s previously
held milestones as it yearns to leave a long lasting & enduring impact on
not just Indian Real Estate but also to the Indian society. To empower the
construction workforce, the association in partnership with the National Skill
Development Corporation (NSDC) and the Government of India, aims to upskill
5 lakh construction workers in the next two years. To promote holistic
growth at the grassroot level CREDAI will undertake renovation projects in
1,000 government schools. These projects will focus on upgrading toilets,
drinking water facilities, and creating smart classrooms to provide students
with a more conducive learning environment.
To encourage
sustainability, CREDAI has committed to certify 1 lac homes and 25 million
sq ft of commercial real estate with green building certifications. Along
with this initiative, the developers’ body also pledge to plant 1 million
saplings across the country and will undertake the responsibility of
maintaining these trees for a period of 2 years.
“Hosting the New India Summit fills us with
great pride, as it not just promotes the vibrant city of Varanasi and other
emerging Tier II, III regions that are expected to spearhead economic growth in
India but also marks a tremendous milestone for everyone at CREDAI. As we
celebrate 25 years as the apex industry body in the country, we have
strategized a 5-point plan that will strengthen CREDAI’s legacy characterized
by holistic, socio-economic growth which harbors a thriving society and
empowers them. In the pursuit for measurable change socially as well as
economically, encouraging initiatives like green construction and workforce
upskilling remains our target to best utilize the resources of this country as
well as make it a more a sustainable world for the future generations.” said Boman Irani, President, CREDAI
“Real estate has been one of the greatest
amplifiers of the Indian economy, and the New India Summit acts as the proof of
the same. This year as we celebrate our 25th anniversary, we also celebrate the
growth that our industry has been an active part of in India’s growth journey.
Through the summit, we wish to lay the foundations for a greener, more
futuristic India that is socially responsible and pledges to give more than
they take. As we also embark on a similar journey, we believe that we can
create bigger waves through these small steps towards growth” said Manoj Gaur, Chairman, CREDAI
dharmendra.bhaskar@mslgroup.com
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